STOCKS AND SHARES

Timaru Herald, Volume CXLV, Issue 21091, 18 July 1938, Page 14

STOCKS AND SHARES

LONDON MARKETS * United Press Association Bv Elert ri< Telecrapb < ■- (Received July 17. 6.20 p.m.) LONDON. July 16. Friday’s closing prices were:— Cotton—Spot 4.88 d per lb. August 4.72 d. Rubber—Para £7 per ton. Plantation Smoked £7 6 3. Jute—July August £lB. 5/- per ton. Copra July, August, South Sea £lO 5 - per ton; smoked £lO 5/-; Plantation Rabaul £11,5/-. Linseed Oil—£26 5 per ton. Turpentine—£l/12'3 per cwt. HARRIERS UMARU CUB The Timaru Harrier Club held its senior and junior championship races on Saturday, flora Caroline Bay. the senior title going to T. Chivas and the junior to C. Johns. Although tlie runners found the course very heavy going, the times compared favourably with last year. Last year’s senior champion. D. G. Squire and junior champion. F. W. Walton did not defend their titles. After the race. Mrs Seaton entertained the runners and officials at afternoon tea. On behalf of the clut Mr T. Shivas thanked Mrs Seaton fot her hospitality. Mr M. Seaton replying on behalf of his mother. The following are the results:—

ANGLICAN CLUB The Timaru Anglican Harrier Chib defeated the Christchurch Anglican Harrier Club for the Shellcase trophy, at Ashburton on Saturday. The points gained were: Timaru 35. Christchurch 43. Individual placings were: — R. E. Taylor (T.) 1 J. Booker (C.) . 2 A. H. Williams (T.) .. .. 3 The course was approximately six and a half miles, half road and half cross-country. The Timaru team comprised: R. E. Taylor, A. H. Williams, A. Craig, M. L. Breen, J. Knowles and J. McKim

An applicant for a position with an j Auckland motor firm soon satisfied the boss that he know his job. “You’ll do. | I think.” said the boss, “but there’s just cne other qualification you must I have if you come to us: do you j smoke?” The applicant hesitated. He i thought the boss might be trying to I trap him. “Y’yes,” he said at last, and hoped he hadn’t put his foot into it. "Good,” said the boss heartily, * “you’re engaged! All our salesmen ' have to smoke; smokers get on better with customers. Many a deal is made 1 over a smoke. What tobacco d’you i use?” “I’ve been smoking toasted | Cavendish for about ten years,” said I the new salesman, “Because I can’t j get anything I like better.” “There’s • nothing better than toasted,” replied I the boss, “I smoke Cut Plug No. 10■ myself. My doctor recommended it to ' me. He never smokes anything else.” And that’s how it goes! One smoker tells another and so the fame of Cut 4 Plug No. 10 (Bullsheadi, Cavendish, I Navy Cut No. 3 (Bulldog), Riverhead I Gold and Desert Gold is always spreading

NEW ZEALAND STOCK EXCHANGES CHRISTCHURCH Morning Call Sales on ’Change: £ s. d. i 50 Bank of N.Z 9 3 9 50 British Tobacco 9 100 Dunlop Perdriau .. .. 1 «■» 9 50 G. J. Coles (c.d.) .. 4 0 6 200 Taranaki Oilfields .. 0 13 9 100 Woolworths (Syd., ord.) 1 9 0 200 Worksop Extended tex div.) 0 1 0* 200 Mount Lyell 1 7 10 i 7 9 300 Mount Morgan (cd.) (3) 0 10 7 ■ 100 North Broken Hill .. 9 6 ii i 2 7 o 1 Sales Reported— 1 100 D.l.C. (pf.) 1 3 9 700 Skippers 0 0 03 I AUCKLAND Sales on ’Change— s. d. Stock 15 6 52-55 4 per cent. 102 5 0 Do. 15 11 33-52 31 per cent. 101 9 6 Natl. Bank of N.Z 9 15 0 Bank of New Zealand .. .. 3 9 9 3 7 Westport-Stockton (pf.) .. 0 6 6 N.Z. Breweries .. .. 9 3 Broken Hill Frooty. .. o 19 6 Electro Zinc •> 3 6 Wool worths (Svd.) .. .. - 0 Argo 0 ■« o\ Talisman Dubbo 0 8 0 Alt. Lyell 1 8 0 WELLINGTON Sales on i nangc— d Stock 3 39 43 3'. oer cent 100 7 0 N.Z. Guarantee Coro 0 5 Union Steam <pl.) .. 1 6 3 Electro. Zinc (pf.) .. (j 10 Mossy Creek 0 1 0 G. J. Coles (2) .. - 3 4 0 8 David Jones .. 1 17 3 Taranaki Oil 0 13 8 DUNEDIN Sales Repu; .eel— £ s. d Taranaki Oilfields 0 13 9 Sales Reported— G. J. Coles <2> 4 1 0 4 1 3 N.Z. Drug .. Union Steam <of.) 1 6 3 N.Z. Breweries 9 3 6 Taranaki Oil 0 13 9

Senior Championship T Shivas . . . 1 E. Wilson :: ..H. Ward 3 .. J. Markham 4 . .H. Brown 6 S. Shaw 7 F. D. Ross 8 Sealed Handicap—J. Markham. Junior Championship C. Johns 1 M. Drake H. Allchurch 3 S. McWhirter 4 V. McKav 5 F. O’Gorma** 6 J. Dewar 7 W. Andrews 8 Sealed Handicap—J. Dewar 1 . V. Mackal